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Bitcoin Whales are in Accumulation Mode

By Staff at 2024-11-23 04:25

Sentiment: Positive

by Staff By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Despite the bearish price action we have seen over the past year, Glassnode data indicates that Bitcoin whales have continued to accumulate. According to Glassnode, Bitcoin whale addresses (number of Bitcoin addresses above 10,000 Bitcoin) has risen sharply this year, as shown below. […] #blockchain #crypto, #decentralized, #distributed, #ledger Continue reading...

Categories: Opinion

Tags: #Opinion #Bitcoin whales #crypto industry #digital asset #Glassnode

Source Blockchain News